Tembo Global Industries Ltd
Founded in 2010, Tembo Global Industries Limited is engaged in jobbing, machining, manufacturing, and fabrication of various engineering goods, steel products, nuts, bolts, clamps, hangers, bathroom accessories, fittings, and trading of fabric. [1]
- Market Cap ₹ 323 Cr.
- Current Price ₹ 237
- High / Low ₹ 267 / 95.4
- Stock P/E 33.2
- Book Value ₹ 34.1
- Dividend Yield 0.00 %
- ROCE 15.2 %
- ROE 17.7 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 32.6% CAGR over last 5 years
- Debtor days have improved from 66.3 to 34.3 days.
- Company's median sales growth is 24.6% of last 10 years
- Company's working capital requirements have reduced from 97.1 days to 73.7 days
Cons
- Stock is trading at 6.93 times its book value
- Promoter holding has decreased over last 3 years: -17.3%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 19 | 33 | 37 | 47 | 51 | 62 | 62 | 79 | 103 | 173 | 250 | 333 | |
10 | 19 | 32 | 36 | 44 | 48 | 58 | 56 | 73 | 95 | 165 | 236 | 314 | |
Operating Profit | -0 | 1 | 1 | 2 | 2 | 3 | 4 | 5 | 6 | 8 | 8 | 13 | 19 |
OPM % | -0% | 3% | 3% | 4% | 5% | 6% | 7% | 8% | 8% | 8% | 5% | 5% | 6% |
0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 2 | 0 | 0 | |
Interest | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 4 | 3 | 3 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
Profit before tax | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 3 | 4 | 5 | 8 | 13 |
Tax % | 20% | 32% | 26% | 30% | 32% | 33% | 27% | 29% | 27% | 28% | 25% | 26% | |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 6 | 10 | |
EPS in Rs | 0.29 | 1.00 | 0.93 | 0.74 | 1.43 | 1.81 | 1.06 | 1.52 | 1.80 | 2.14 | 2.52 | 4.26 | 7.12 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 31% | 34% | 35% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 29% |
5 Years: | 32% |
3 Years: | 47% |
TTM: | 62% |
Compounded Profit Growth | |
---|---|
10 Years: | 45% |
5 Years: | 33% |
3 Years: | 33% |
TTM: | 35% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 48% |
3 Years: | 36% |
1 Year: | 115% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 2 | 2 | 2 | 4 | 5 | 5 | 10 | 10 | 11 | 11 |
Reserves | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 14 | 16 | 13 | 15 | 29 | 36 |
2 | 4 | 7 | 7 | 9 | 12 | 20 | 11 | 16 | 35 | 41 | 42 | 47 | |
3 | 3 | 8 | 8 | 3 | 7 | 10 | 9 | 13 | 21 | 24 | 26 | 36 | |
Total Liabilities | 6 | 8 | 16 | 18 | 16 | 24 | 37 | 38 | 50 | 80 | 90 | 109 | 144 |
2 | 2 | 2 | 2 | 3 | 4 | 4 | 5 | 7 | 17 | 20 | 22 | 22 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 7 |
Investments | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 4 | 6 |
4 | 6 | 14 | 15 | 13 | 20 | 33 | 33 | 43 | 61 | 69 | 79 | 109 | |
Total Assets | 6 | 8 | 16 | 18 | 16 | 24 | 37 | 38 | 50 | 80 | 90 | 109 | 144 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | -0 | -1 | -0 | -5 | 5 | -0 | -3 | 4 | 2 | |||
0 | -1 | -0 | -1 | -1 | -2 | -3 | -12 | -5 | -7 | |||
0 | 1 | 1 | 2 | 7 | -3 | 4 | 15 | 2 | 6 | |||
Net Cash Flow | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 143 | 76 | 84 | 103 | 76 | 82 | 123 | 101 | 94 | 108 | 57 | 34 |
Inventory Days | 6 | 18 | 29 | 18 | 9 | 48 | 59 | 72 | 87 | 94 | 72 | 59 |
Days Payable | 111 | 53 | 86 | 77 | 20 | 63 | 72 | 65 | 74 | 81 | 44 | 22 |
Cash Conversion Cycle | 37 | 42 | 27 | 44 | 65 | 67 | 110 | 108 | 107 | 121 | 85 | 71 |
Working Capital Days | 46 | 67 | 64 | 72 | 77 | 63 | 115 | 125 | 112 | 131 | 86 | 74 |
ROCE % | 7% | 10% | 13% | 16% | 18% | 20% | 18% | 16% | 15% | 13% | 13% |
Business Divisions
Manufacturing Division - The Company manufactures and fabricates various steel products which are meant for its application in Pipe hangers, Support Systems, HVAC Systems etc.
It also manufactures metal and base metal products like G. I. nuts, various types of bolts, clamps, hangers etc. and all types of bathroom pipes, fittings, bathroom accessories and sanitary wares. The products are marketed around the globe under the trade name TEMBO SEVEN STAR and ETALIA.
Trading Division - Company’s products include Fibre & Yarn, Shirting, Suiting, Bedsheets & Handkerchiefs, Uniform Fabrics and Knitted Fabrics. [1][2]